NOT LISTED FOR SALE

Estimated Value: $1,143,053 - $1,167,000

5 Beds
3 Baths
1,540 Sq Ft
$749/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $1,085,000 $705 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,248/month

68 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • John Marshall Senior High Rated A
  • Double Pane Windows
  • Living Room

About This Home

As of January 2024

Discover a hidden gem in the vibrant and eclectic neighborhood of Atwater Village, where the past seamlessly blends with the present. This incredible triplex offers a one-of-a-kind investment opportunity or a charming oasis for owner-occupied buyers seeking a taste of authentic Los Angeles living. Front unit 1,1 middle unit 2,1 and rear unit 2,1 total 1,540 SF with a lot size of 5,398 and ZONED for RD3. Two of the units can possibly be delivered vacant, negotiable. Located in OPPORTUNITY ZONE great potential tax benefits for investors / developers with lots of upside potential. (2 units will be delivered vacant.) call agent for details. (Current first loan is at 3.75 % FHA. It can possibly be assumed or offer este buy down for loan. Check with your lender.)

This property boasts three distinct units, each offering a unique blend of modern amenities and vintage charm. Whether you're an investor looking for a steady rental income stream or an owner-occupier wanting to live in one unit while renting the others, this triplex provides endless potential. Features include: 1 car attached garage for one unit, washer dryer hook ups, long driveway for parking, back yard perfect for entertaining or small gatherings, plenty of windows that emit lots of natural light, middle unit has been remodeled, newer roof, new electrical panel and plumbing. Move in ready.

Nestled in the heart of Atwater Village, this triplex is the epitome of location, location, location. Enjoy easy access to trendy cafes, boutiques, art galleries, Whole Foods, Americana, Momeed, Berg Acting Studio and parks - all within walking distance. Plus, you're just minutes away from Griffith Park and the LA River, providing endless outdoor recreation options. Proximity to the 5 and 2 freeways, as well as transportation options, makes commuting a breeze and allows residents to easily explore the greater Los Angeles area.

Last Agent to Sell the Property

henry vega

Enrique Henry Vega Jr. Broker License #01765081 Listed on: 10/25/2023

Last Buyer's Agent

Jaime Garcia

Axxess Real Estate License #01148553

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,559

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,398 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway Level

Home Design

  • Triplex
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 9 / D
  • Tax Tract Number 4689
  • Assessor Parcel Number 5436009009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $300
  • Water Sewer Expense $1,500
  • Operating Expense $2,750
  • Gross Income $25,260
  • Net Operating Income $22,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,559

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Price Per Unit: 375000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LARD3
  • Architectural Style: Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5436009009
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Laminate Counters
  • Stories: 1
  • Entry Location: RESI
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 704.55
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Asphalt, Driveway Level, Garage, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Rectangular Lot, Level
  • Lot Size Sq Ft: 5398.00
  • Lot Size Acres: 0.1239

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 25260.00
  • Gross Scheduled Income: 25260.00
  • Insurance Expense: 950.00
  • Lot Size Area: 5398.0000 Square Feet
  • Net Operating Income: 22510.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2750.00
  • Rent Control: Yes
  • Total Expenses: 2750.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 1871.02
  • Tax Lot: 9
  • Tax Tract Number: 4689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Luker George W and Luker Sabrina R
Bought by
Casitas Management Llc
Total Days on Market
68
Current Estimated Value
$1,153,513

Purchase Details

Closed on
May 27, 2024
Sold by
Luker George W and Luker Sabrina R
Bought by
Luker George W and Luker Sabrina R

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 3, 2024
Sold by
Vega Enrique H
Bought by
Luker George W and Luker Sabrina R
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
Jaime Garcia
Axxess Real Estate
List Price
$1,225,000
Sold Price
$1,085,000
Premium/Discount to List
-$140,000
-11.43%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$1,030,750
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2019
Closed on
Jan 8, 2020
Sold by
Lee Lincoln Properties Llc
Bought by
Vega Enrique H
Seller's Agent
Natalie Gozini
Nicole Gozini
Buyer's Agent
Edward Matevosian
CB Richard Ellis, Inc.
List Price
$995,000
Sold Price
$870,000
Premium/Discount to List
-$125,000
-12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$854,242
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2019
Sold by
Lincoln Stephanie
Bought by
Lee Lincoln Properties Llc

Purchase Details

Listed on
Nov 2, 2016
Closed on
Jan 18, 2017
Sold by
Morataya David E and Morataya Rosa
Bought by
Lincoln Stephanie
Seller's Agent
Carlos Guaderrama
Century 21 First
Buyer's Agent
Shannon Fenton
Compass
List Price
$699,000
Sold Price
$678,000
Premium/Discount to List
-$21,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$655,371
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2005
Sold by
Michel Ibtisam G
Bought by
Morataya David E and Morataya Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,800
Interest Rate
5.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 13, 2004
Sold by
Mii Co
Bought by
Michel Ibtisam G

Purchase Details

Closed on
May 9, 2003
Sold by
Michel Ibtisam G
Bought by
Mii Co
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Casitas Management Llc -- --
Luker George W -- None Listed On Document
Luker George W $1,085,000 Lawyers Title
Vega Enrique H $870,000 First American Title Company
Lee Lincoln Properties Llc -- None Available
Lincoln Stephanie -- Wfg Title Company
Morataya David E $572,000 Equity Title Company
Michel Ibtisam G -- --
Mii Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luker George W $1,125,000
Previous Owner Luker George W $1,030,750
Previous Owner All Discount Llc $8,000
Previous Owner Vega Enrique H $31,759
Previous Owner Vega Enrique H $0
Previous Owner Vega Enrique H $854,242
Previous Owner Lincoln Stephanie $653,031
Previous Owner Lincoln Stephanie $655,371
Previous Owner Morataya David E $514,700
Previous Owner Morataya David E $535,000
Previous Owner Morataya David E $514,800
Previous Owner Michel Ibtisam G $315,000
Previous Owner Michel Ibtisam G $100,000
Previous Owner Michel Ibtisam C $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $1,085,000 -3.6% $705 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $1,125,000 -2.2% $731 / Sq Ft
11/20/2023 11/20/23 Price Changed $1,149,900 -4.2% $747 / Sq Ft
11/08/2023 11/08/23 Price Changed $1,199,900 -2.0% $779 / Sq Ft
10/25/2023 10/25/23 For Sale $1,225,000 +40.8% $795 / Sq Ft
01/24/2020 01/24/20 Sold $870,000 -8.3% $565 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
09/10/2019 09/10/19 Price Changed $949,000 -4.6% $616 / Sq Ft
08/28/2019 08/28/19 For Sale $995,000 +46.8% $646 / Sq Ft
02/17/2017 02/17/17 Sold $678,000 -3.0% $440 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $699,000 0.0% $454 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
11/02/2016 11/02/16 For Sale $699,000 -- $454 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,559 $1,106,696 $885,358 $221,338
2024 $11,559 $932,812 $536,099 $396,713
2023 $11,337 $914,523 $525,588 $388,935
2022 $10,812 $896,592 $515,283 $381,309
2021 $10,681 $879,013 $505,180 $373,833
2020 $8,982 $719,498 $429,789 $289,709
2019 $8,631 $705,391 $421,362 $284,029
2018 $8,531 $691,560 $413,100 $278,460
2016 $8,103 $660,315 $600,290 $60,025
2015 $7,985 $650,398 $591,274 $59,124
2014 $8,026 $637,658 $579,692 $57,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23197885

California Regional Multiple Listing Service (CRMLS)

APN: 5436-009-009